AI systems are now powerful enough to threaten critical infrastructure, financial systems, and national security. Rather than becoming shareholders in AI companies, as US President Donald Trump has proposed, governments should invest in the independent institutions needed to hold the industry accountable.
Copy Citation Fabian Schär, Dario Thürkauf, and David Yermack, “Unruly by Design: Fee Volatility and Strategic Attacks in Bitcoin Mining,” NBER Working Paper 35443 (2026), https://doi.org/10.3386/w35443. Copy to Clipboard Download Citation
Form 4 BOK Financial Corporation For: 14 July
We thank Agostino Capponi, Lin Wlliam Cong, Phil Dybvig, Rodney Garratt, Allaudeen Hameed, Campbell Harvey, Emir Hrnkic, Kose John, Leonid Kogan, Erica Li, Yupeng Lin, Olga Klein, Evgeny Lyandres, Mei Luo, Simon Mayer, Danqing Mei, Katya Malinova, Karsten Muller, Dan Su, Gerry Tsoloukas, Xuan Tian, Charles Wang, Josh White, David Yermack, Yao Zeng, and Jin…
Shares of Broadcom (AVGO +5.00%) were among the losers last month, tumbling after its second-quarter earnings at the beginning of June despite solid results. The company’s AI revenue, while strong, fell short of estimates, and management acknowledged that Google, a major customer, was diversifying its sourcing for custom chips, or ASICs. As a result, the…
Lorie Logan, president and chief executive officer of the Federal Reserve Bank of Dallas, during a research conference at the Federal Reserve Bank of Dallas in Dallas, Texas, US, on Friday, Oct. 31, 2025. Desiree Rios | Bloomberg | Getty Images Dallas Federal Reserve President Lorie Logan, asserting that this week’s good inflation news wasn’t…
Image by Gerard Altmann via Pixabay The ‘first of its kind’ taskforce will bring together experts to advise government on how to better anticipate and respond to the growing risks climate change poses to national security The UK has established a taskforce of security, military and academic experts to advise government on boosting the country’s preparedness…
PARIS—It is now abundantly clear that governments must take responsibility for shaping the AI industry. Only independent and proactive institutions, including regulators, can reduce the risks posed by these technologies while ensuring that they enhance, rather than undermine, human dignity.